There are a couple factors to take into consideration before applying for a new credit card. Is this going to be for the long term? Do you only need it to start a business? Do you need to establish a credit history or are you getting it to earn rewards? Each of these questions should be answered before you begin your search.
If you have had a credit card before then you know that the interest rate is very important. There are stories every where about people getting into trouble with credit card debt and them not even being able to pay down the interest earned on the principal balance. This is why you will want to take a look at a low interest credit card. At least with a low interest rate you can work on paying down the actual balance if you decide to carry one at all. Do your best to pay your monthly balances in full so interest will not be added to your balance.
If you did not know already, interest rates are based on a variable rate. You can find a couple fixed interest credit cards that keep it the same for a certain time period. Some banks will give you a low introductory rate from six to twelve months. If you need to have a card on hand to make purchases and plan on paying it back before the intro period is up then this is the way to go.
One popular type of rewards program is for people who travel. These are usually called airline mile credit cards. With this specific card you earn points towards your next flight. You can redeem them at anytime for a partial or full ticket. This is a easy way to get a cheap flight. The interest rates might not be as good as normal cards without rewards but if you are good about paying your bills on time or in full then you have nothing to worry about.
There are many other types of credit cards to choose from. Whatever one you apply for, take the time to read over the terms and conditions. Doing so will remove any fears you might have about your next credit card statement.